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    17 Roy Rd Wantage, NJ 07461-2609

    For Sale
    $500,000

    Prime Sussex County commercial land, 15.96 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 15.96-acre commercial land parcel presents a unique investment opportunity in Wantage Township, Sussex County, New Jersey. Located at 17 Roy Rd, 07461-2609, this property offers significant potential for various commercial developments. The land is comprised of two contiguous lots totaling 15.96 acres

    Property Features for 17 Roy Rd

    General Information

    Property type
    Land
    Lot Size
    695,218 SF

    HighLights

    • 15.96‑acre commercial land parcel in Wantage Township, Sussex County, NJ.
    • Located at 17 Roy Rd, 07461‑2609.
    • Two contiguous lots totaling 15.96 acres offer significant development potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Auto Repair Shop Nail Salon Accounting Firm HVAC Service Furniture Store Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wantage
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.6400432
    Latitude
    41.2404056

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    FAQs

    What type of property is this?
    Land - Prime Sussex County commercial land, 15.96 acres.
    Where is this land located?
    The property is located at 17 Roy Rd Wantage, NJ.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 15.96-acre commercial land parcel in Wantage Township, Sussex County, NJ.; Located at 17 Roy Rd, 07461-2609.; Two contiguous lots totaling 15.96 acres offer significant development potential.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Roy Rd Wantage, NJ 07461-2609
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